San Fernando Valley Business Journal


Taking a Hit

New tobacco laws thin the crowds at hookah barsSmoking age is now 21. What’s in store for local hookah bars?

By Champaign Williams June 27, 2016 midnight   $$ Share

Hotel Quandary in Calabasas

HOSPITALITY: Height limit forces developer to weigh self-storage.

Three-story hotel or a three-story self-storage facility? Calabasas awaits the future of a 4-acre parcel off Las Virgenes Road.

Giants Join to Tackle Diabetes

BIOTECH: Medtronic, Qualcomm to create sugar-tracking system.

Medtronic and Qualcomm’s partnership in blood sugar monitoring has to catch up with competitors.

Accident Leads to New Leadership at Helicopter Firm

AVIATION: Kathryn Purwin takes control after husband's death.

How helicopter firm Helinet reacted to the sudden death of its founder.

Car Brokers Driven by Philanthropy

After DriveWise pairs buyers with vehicles, it makes a contribution.

Vehicle brokerage startup haggles for you with salespeople and also donates for you to charities.

Crowdfunded College Next Big Thing?

Website facilitates donations for tuition as education costs rise.

As college tuition skyrockets, local startup tries new finance strategy.

During Fire, Horses Know the Drill

Stable hands evacuate 70 animals in rush from Topanga ranch.

Calabasas equestrian center’s emergency plan saves 70 horses during recent fire.

Business Journal Wins Design Kudos

National judges laud paper’s ‘enticing and interesting’ presentation.

San Fernando Valley Business Journal takes home two awards on design and layout.

DIY Weddings on a Budget

CATERING: Stonefire Grill supplied bargain meals for 600 marriage parties last year.

DIY weddings boost Stonefire Grill’s sales.

California Resources Joins Reverse Split Parade

ENERGY: Oil companies avoid penny stock status, wait for price rebound.

California Resources Corp. is the latest in series of energy reverse stock splits.

Owner Whips Up New Look for Chocolate Shop

CONFECTIONS: Remodel designed to promote new candies, ice cream.

When your establishment has been around since the 1970s without a remodel, change is well overdue.

With Infinity Gone, Disney Drops Out of E3

VIDEO GAMES: Warner Bros., virtual reality get attention at annual consumer show.

The presence of San Fernando Valley area companies at the annual E3 video game trade show has continued to dwindle, with only five taking part in this year’s show.

Penthouse CEO

The adult magazine has a new owner who’s determined to take the company back to its roots.

Penthouse Global Media’s new chief executive, Kelly Holland.

Glendale Gains Ground on Tri-City Rivals

MULTIFAMILY: Office, retail projects follow 3,600 new apartments and condos.

After taking longer to recover from the Great Recession than its Tri-City counterparts of Burbank and Pasadena, Glendale is rebounding.

Around the Valleys

News and notes from the greater San Fernando Valley

Amgen Inc. announced that the company has appointed Esteban Santos as its new executive vice president of operations, beginning July 25.


Calendar of events

MannKind’s Big Question

Will Mannkind’s second attempt at selling its insulin inhaler directly to doctors repeat past failures or will new factors make a difference?

It’s About Workplace Opportunity

Valley Industry and Commerce Association: what employers face with the new, higher overtime threshold.

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Wall Art

Investors find creativity pays on remodel projects

New Standard Equities’ bold and successful apartment makeovers are heavy on creativity, light on expense.

Applebee’s Tab Tops $75 Million

RESTAURANTS: Brand revamp largest in the chain’s history.

Will new grills, new steaks and new staff training cook up a healthy rejuvenation for Applebee’s Neighborhood Grill & Bar?

Defense Firm Pivots to Biotech

MEDICAL DEVICES: AdaFlow addresses circulatory conditions.

Robotics business Magzor Corp. finds it’s not so easy to switch industries after accidentally developing a medical device.

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Holograms Light Marketing Way

Holographic image displays by Van Nuys’ Vntana can interact with consumers at stores, trade shows or movie theaters.

Cardless ATM Makes Money Convenient

Bank of America brings mobile technology to 35 Valley locations.

Bank of America catches up with cardless ATM technology and brings it to several Valley retail sites.

Finance Gets Personal in Classroom

Entrepreneurs sponsor curriculum on budget, investment skills.

Financial literacy classes, sponsored by businesses, score high marks at local schools.

Campaign Paints Nails as Patriotic

Hues include ‘Pale to the Chief’ and ‘Madame President.’

Local nail polish maker capitalizes on election season to debut new colors influenced by politics.